geithner notified house speaker boehner he and other treasury secretaries have done in other impasses, nothing profound about it, just an attempt to keep the pressure on the congress, remind them that the clock is ticking. we're getting closer to the debt limit as the president said yesterday. we could hit it in as little as one month, maria. >> john, thank you so much. we'll be watching that story certainly as will the markets. is the market too complacent right now with all of the stories out there as far as the u.s. debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it t